John Ransom

As the clock heads toward midnight on the Barack Obama experiment, it’s nice to see that he continues to be the guy we said he was all along. I’m beginning to doubt he was even any good at being a community organizer.

After churning over all the options available to him- using the full-faith and credit of the United States; a one billion dollar campaign war-chest; $37 million in staffing costs at the executive office per year; a trillion dollars in pork barrel spending; QE4EVER!; recommendations from Nobel-prize winning economists (ha!), the top business experts that political contributions can buy (ouch!) and (deep breath) presumably THE 1-800 HELPLINE at the Small Business Administration… and here’s the plan to jumpstart our economy in the second term: Obama wants to create a U.S. Department of Business, with a cabinet-level secretary.

Yep. That’s it.

Secretary Van Jones anyone?

Someone has to coordinate the upward revisions of the already ridiculous jobs, GDP and voter registration numbers. Someone has to wear the presidential knee pads when the economy won't cooperate.   

“Isn’t this rich? Saturday Night Live couldn’t have thought of anything better,” writes the Washington Post’s Ed Roger. “When I read this headline [about appointing a Secretary of Business], I had to make sure it wasn’t coming from The Onion.”

No, didn’t come from the Onion but it sure does stink, doesn’t it? 

“Speaking to the hosts of MSNBC’s Morning Joe Monday, Obama said a Secretary of Business would serve to consolidate several commerce-related government agencies, a plan he originally proposed in January,” reports the Huffington Post.

Can’t tell if the tears are Onion-related from the cutting humor or just shell shock for the sheer futility of our president’s brain.

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.

Get the best of Townhall Finance Daily delivered straight to your inbox

Follow Townhall Finance!